Turkey, Malaysia Move to Diversify Stainless Steel Supply Chains Turkey’s *Stainless Industrialists and Business Association (PASID) has signed a memorandum of understanding with Malaysia-based Bahru Stainless*, aiming to diversify supply sources for the Turkish st...
UK Considers Narrowing Antidumping Probe on Heavy Plate From South Korea The UK’s *Trade Remedies Authority (TRA) is considering narrowing the scope of its antidumping investigation into heavy plate imports from South Korea*, following submissions from exporters and UK imp...
JFE Steel Cuts Fire-Resistant Coating Thickness on H-Beams by 40% Japan’s *JFE Steel has developed a new construction method that reduces fire-resistant coating thickness on H-shaped steel beams by up to 40 percent*, addressing labor shortages and rising constructio...
Trump Threatens 25% Tariff on Countries Trading With Iran US President *Donald Trump announced a blanket 25 percent tariff on all US-bound trade from countries that continue doing business with Iran*, warning that the measure would take effect immediately. T...
Goldman Sachs Forecasts Extended Weak Profitability for Chinese Steelmakers *Goldman Sachs expects Chinese steel producers to face a prolonged period of weak profitability*, citing slow progress in capacity reduction and persistently high export volumes, according to a Bloomb...
Tata Steel UK Begins Enabling Works Ahead of Major EAF Project at Port Talbot *Tata Steel UK has launched extensive preparatory works at its Port Talbot steelworks* as it moves forward with plans to construct *one of the world’s largest electric arc furnaces (EAFs)*, marking a ...
Stegra Signs Multi-Year Non-Prime Steel Supply Deal with Thyssenkrupp Materials Services *Sweden-based Stegra has signed a multi-year supply agreement with Thyssenkrupp Materials Services*, a subsidiary of German steelmaker Thyssenkrupp, to secure deliveries of non-prime steel products ac...
US Finds Zero Dumping Margin but Subsidies in CORE Imports from South Korea The *US Department of Commerce (DOC)* has released preliminary findings from its *antidumping (AD) and countervailing duty (CVD) administrative reviews* of corrosion-resistant steel products (CORE) fr...
US Assigns Zero Preliminary Dumping Margin to Taiwan CORE Imports The *US Department of Commerce (DOC)* has announced the preliminary results of its antidumping duty administrative review on *certain corrosion-resistant steel products (CORE) from Taiwan*. The DOC p...
Hyundai Steel Secures $417 Million Offshore Wind Foundations Contract in South Korea South Korean steelmaker *Hyundai Steel* has won a *KRW 611.5 billion ($416.8 million)* contract to supply foundation structures for the *Shinan offshore wind power project*, according to local media r...
Arabian Gulf Steel Explores Acquisition of UK Speciality Steel Assets UAE-based steel producer *Arabian Gulf Steel Industries (AGSI)* has approached the UK government regarding a potential acquisition of *Speciality Steel UK (SSUK)*, which entered *compulsory liquidatio...
India Rolls Out Three-Year Safeguard Duties to Curb Steel Imports from China, Vietnam and Nepal The *Government of India* has officially implemented a phased three-year *safeguard duty* on steel imports from *China, Vietnam and Nepal* as part of a broader effort to protect its domestic steel ind...
